A decent exchange
Karl Marx thought, about a century-and-a-half ago, that society moved from primitive communism, through various forms and structures of inequality, to communism proper. Economic systems moved forward, resolving their contradictions and creating new ones. Turns out he was, at best, only half right.
Back to the earlier Economic system amidst COVID-19
Mediums of exchange with fictional value — money, in all its forms and abstractions — are pre
Sovereign gold bond (SGB)-FAQ
What is a sovereign gold bond (SGB)?
Sovereign gold bond is a substitute for holding physical gold. The bonds are issued by the Reserve Bank of India (RBI) on behalf of the government and is a bond denominated in gold. The government issues such bonds in tranches at a fixed price that investors can buy through banks, post offices and also in the secondary markets through the stock exchange platform.
What are the benefits of buying SGB?
hese bonds are bac
Analysis of Electoral Bond Scheme
A recent order by the Central Information Commission (CIC) has again revealed the inherent problems surrounding the Electoral Bond Scheme (scheme) of 2018.
This order passed in an appeal against the State Bank of India (SBI) has effectively shut the door to seek any details about donors and donees relating to electoral bonds under the Right to Information (RTI) Act.
With no other recourse available, the Supreme Court is the only surviving arbiter on
RBI in it's April 2021 monetary policy continues with the accommodative stance as long as necessary to sustain growth on a durable basis and continue to mitigate the impact of COVID-19 .
The marginal standing facility (MSF) rate and the bank rate remain unchanged at 4.25% and the reverse repo rate stands unchanged at 3.35%.
The rates were left unchanged to boost Public investment in key infrastructure sectors, which is a force multiplier with historically proven abil